The incredible true story of the card counting mathematics professor who taught the world how to beat the dealer and as the first of the great quantitative investors ushered in a revolution on Wall Street

A child of the Great Depression legendary mathematician Edward O Thorp invented card counting proving the seemingly impossible that you could beat the dealer at the blackjack table As a result he launched a gambling renaissance His remarkable success and mathematically unassailable method caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired They barred him from their premises even put his life in jeopardy Nonetheless gambling was forever changed

Thereafter Thorp shifted his sights to the biggest casino in the world Wall Street Devising and then deploying mathematical formulas to beat the market Thorp ushered in the era of quantitative finance we live in today Along the way the so called godfather of the quants played bridge with Warren Buffett crossed swords with a young Rudy Giuliani detected the Bernie Madoff scheme and to beat the game of roulette invented with Claude Shannon the world s first wearable computer

Here for the first time Thorp tells the story of what he did how he did it his passions and motivations and the curiosity that has always driven him to disregard conventional wisdom and devise game changing solutions to seemingly insoluble problems An intellectual thrill ride replete with practical wisdom that can guide us all in uncertain financial waters A Man for All Markets is an instant classic a book that challenges its readers to think logically about a seemingly irrational world

Praise for A Man for All Markets

In A Man for All Markets Thorp delightfully recounts his progress (if that is the word) from college teacher to gambler to hedge fund manager Along the way we learn important lessons about the functioning of markets and the logic of investment The Wall Street Journal

Thorp gives a biological summation (think Richard Feynman s Surely You re Joking Mr Feynman ) of his quest to prove the aphorism the house always wins is flawed Illuminating for the mathematically inclined and cautionary for would be gamblers and day traders

Library Journal

Thorp s in the trenches account of gaming the system(s) is a pleasure and instructive too Kirkus Reviews

An amazing book by a true icon Edward O Thorp launched revolutions in Vegas and on Wall Street by turning math into magic and here he weaves his own life lessons into a page turner as hot as a deck full of aces Loved it Ben Mezrich New York Times bestselling author of Bringing Down the House and The Accidental Billionaires

Whether you are an aspiring professional player a casual gambler or an occasional visitor to Las Vegas you can feel the impact of Edward O Thorp s intellect on that desert city Nicholas G Colon professional advantage gambler and managing director Alea Consulting Group

This book is in part the gripping story of how one man s genius and dedication has solved so many problems in diverse fields But more important it s a fascinating insight into the thought processes of someone with little interest in fame who has mostly stayed under the radar yet who has followed his inquisitive mind wherever it has led him and reaped the resulting rewards Paul Wilmott founder Wilmott magazine